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Zynex (ZYXI) Competitors

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$0.12 0.00 (0.00%)
As of 08/21/2026

ZYXI vs. ICU, ADGM, MBAI, ICCM, and HSCS

Should you buy Zynex stock or one of its competitors? Zynex's main competitors and comparable companies include SeaStar Medical (ICU), Adagio Medical (ADGM), Check-Cap (MBAI), IceCure Medical (ICCM), and HeartSciences (HSCS). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "healthcare equipment" industry.

How does Zynex compare to SeaStar Medical?

SeaStar Medical (NASDAQ:ICU) and Zynex (NASDAQ:ZYXI) are both small-cap healthcare companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, media sentiment, analyst recommendations, institutional ownership, dividends, valuation and profitability.

SeaStar Medical currently has a consensus price target of $8.00, suggesting a potential upside of 150.78%. Given SeaStar Medical's stronger consensus rating and higher possible upside, research analysts plainly believe SeaStar Medical is more favorable than Zynex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SeaStar Medical
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Zynex
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Zynex has a net margin of -68.35% compared to SeaStar Medical's net margin of -795.51%. SeaStar Medical's return on equity of -162.75% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
SeaStar Medical-795.51% -162.75% -109.89%
Zynex -68.35%-804.30%-36.67%

In the previous week, SeaStar Medical had 5 more articles in the media than Zynex. MarketBeat recorded 5 mentions for SeaStar Medical and 0 mentions for Zynex. Zynex's average media sentiment score of 0.00 beat SeaStar Medical's score of -0.20 indicating that Zynex is being referred to more favorably in the news media.

Company Overall Sentiment
SeaStar Medical Neutral
Zynex Neutral

1.7% of SeaStar Medical shares are held by institutional investors. Comparatively, 29.7% of Zynex shares are held by institutional investors. 0.7% of SeaStar Medical shares are held by company insiders. Comparatively, 49.3% of Zynex shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Zynex has higher revenue and earnings than SeaStar Medical. SeaStar Medical is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SeaStar Medical$1.23M11.44-$12.15M-$3.91N/A
Zynex$108.20M0.04$2.99M-$2.43N/A

SeaStar Medical has a beta of -1.05, indicating that its stock price is 205% less volatile than the broader market. Comparatively, Zynex has a beta of 0.99, indicating that its stock price is 1% less volatile than the broader market.

Summary

Zynex beats SeaStar Medical on 10 of the 16 factors compared between the two stocks.

How does Zynex compare to Adagio Medical?

Adagio Medical (NASDAQ:ADGM) and Zynex (NASDAQ:ZYXI) are both small-cap healthcare companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, media sentiment, dividends, profitability, earnings, analyst recommendations, risk and valuation.

48.1% of Adagio Medical shares are held by institutional investors. Comparatively, 29.7% of Zynex shares are held by institutional investors. 7.8% of Adagio Medical shares are held by insiders. Comparatively, 49.3% of Zynex shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Zynex has higher revenue and earnings than Adagio Medical. Adagio Medical is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Adagio Medical$600K21.84-$25.08M-$1.48N/A
Zynex$108.20M0.04$2.99M-$2.43N/A

Adagio Medical has a beta of -0.15, suggesting that its stock price is 115% less volatile than the broader market. Comparatively, Zynex has a beta of 0.99, suggesting that its stock price is 1% less volatile than the broader market.

Adagio Medical presently has a consensus target price of $3.50, suggesting a potential upside of 493.12%. Given Adagio Medical's stronger consensus rating and higher possible upside, research analysts clearly believe Adagio Medical is more favorable than Zynex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Adagio Medical
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Zynex
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Adagio Medical has a net margin of 0.00% compared to Zynex's net margin of -68.35%. Adagio Medical's return on equity of -661.85% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
Adagio MedicalN/A -661.85% -73.35%
Zynex -68.35%-804.30%-36.67%

In the previous week, Adagio Medical's average media sentiment score of 0.00 equaled Zynex'saverage media sentiment score.

Company Overall Sentiment
Adagio Medical Neutral
Zynex Neutral

Summary

Adagio Medical beats Zynex on 8 of the 14 factors compared between the two stocks.

How does Zynex compare to Check-Cap?

Check-Cap (NASDAQ:MBAI) and Zynex (NASDAQ:ZYXI) are both small-cap healthcare companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, earnings, institutional ownership, risk, media sentiment, dividends, analyst recommendations and profitability.

Check-Cap has a beta of 0.68, meaning that its share price is 32% less volatile than the broader market. Comparatively, Zynex has a beta of 0.99, meaning that its share price is 1% less volatile than the broader market.

Check-Cap has a net margin of 0.00% compared to Zynex's net margin of -68.35%. Check-Cap's return on equity of 0.00% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
Check-CapN/A N/A N/A
Zynex -68.35%-804.30%-36.67%

In the previous week, Check-Cap had 1 more articles in the media than Zynex. MarketBeat recorded 1 mentions for Check-Cap and 0 mentions for Zynex. Check-Cap's average media sentiment score of 0.00 equaled Zynex'saverage media sentiment score.

Company Overall Sentiment
Check-Cap Neutral
Zynex Neutral

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Check-Cap
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Zynex
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Check-Cap has higher earnings, but lower revenue than Zynex. Check-Cap is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Check-CapN/AN/A$4.14M-$14.07N/A
Zynex$108.20M0.04$2.99M-$2.43N/A

1.1% of Check-Cap shares are held by institutional investors. Comparatively, 29.7% of Zynex shares are held by institutional investors. 0.5% of Check-Cap shares are held by company insiders. Comparatively, 49.3% of Zynex shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Zynex beats Check-Cap on 6 of the 11 factors compared between the two stocks.

How does Zynex compare to IceCure Medical?

IceCure Medical (NASDAQ:ICCM) and Zynex (NASDAQ:ZYXI) are both small-cap healthcare companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, risk, profitability, institutional ownership, analyst recommendations, dividends, media sentiment and earnings.

IceCure Medical has a beta of 0.47, indicating that its stock price is 53% less volatile than the broader market. Comparatively, Zynex has a beta of 0.99, indicating that its stock price is 1% less volatile than the broader market.

IceCure Medical presently has a consensus price target of $52.50, suggesting a potential upside of 2,212.78%. Given IceCure Medical's stronger consensus rating and higher probable upside, research analysts plainly believe IceCure Medical is more favorable than Zynex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IceCure Medical
2 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.20
Zynex
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Zynex has a net margin of -68.35% compared to IceCure Medical's net margin of -427.67%. IceCure Medical's return on equity of -174.26% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
IceCure Medical-427.67% -174.26% -112.58%
Zynex -68.35%-804.30%-36.67%

In the previous week, IceCure Medical had 3 more articles in the media than Zynex. MarketBeat recorded 3 mentions for IceCure Medical and 0 mentions for Zynex. Zynex's average media sentiment score of 0.00 beat IceCure Medical's score of -0.33 indicating that Zynex is being referred to more favorably in the news media.

Company Overall Sentiment
IceCure Medical Neutral
Zynex Neutral

0.6% of IceCure Medical shares are owned by institutional investors. Comparatively, 29.7% of Zynex shares are owned by institutional investors. 2.4% of IceCure Medical shares are owned by insiders. Comparatively, 49.3% of Zynex shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Zynex has higher revenue and earnings than IceCure Medical. IceCure Medical is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IceCure Medical$3.38M2.30-$15.06M-$8.52N/A
Zynex$108.20M0.04$2.99M-$2.43N/A

Summary

Zynex beats IceCure Medical on 10 of the 16 factors compared between the two stocks.

How does Zynex compare to HeartSciences?

HeartSciences (NASDAQ:HSCS) and Zynex (NASDAQ:ZYXI) are both small-cap healthcare companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, dividends, profitability, media sentiment, valuation, institutional ownership, analyst recommendations and earnings.

HeartSciences presently has a consensus target price of $8.00, suggesting a potential upside of 189.86%. Given HeartSciences' stronger consensus rating and higher possible upside, research analysts plainly believe HeartSciences is more favorable than Zynex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HeartSciences
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Zynex
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

17.2% of HeartSciences shares are owned by institutional investors. Comparatively, 29.7% of Zynex shares are owned by institutional investors. 4.9% of HeartSciences shares are owned by company insiders. Comparatively, 49.3% of Zynex shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

HeartSciences has a beta of 1.79, indicating that its stock price is 79% more volatile than the broader market. Comparatively, Zynex has a beta of 0.99, indicating that its stock price is 1% less volatile than the broader market.

In the previous week, HeartSciences had 4 more articles in the media than Zynex. MarketBeat recorded 4 mentions for HeartSciences and 0 mentions for Zynex. HeartSciences' average media sentiment score of 0.18 beat Zynex's score of 0.00 indicating that HeartSciences is being referred to more favorably in the media.

Company Overall Sentiment
HeartSciences Neutral
Zynex Neutral

HeartSciences has a net margin of 0.00% compared to Zynex's net margin of -68.35%. HeartSciences' return on equity of -358.60% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
HeartSciencesN/A -358.60% -144.82%
Zynex -68.35%-804.30%-36.67%

Zynex has higher revenue and earnings than HeartSciences. HeartSciences is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
HeartSciencesN/AN/A-$9.14M-$3.94N/A
Zynex$108.20M0.04$2.99M-$2.43N/A

Summary

HeartSciences beats Zynex on 8 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ZYXI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ZYXI vs. The Competition

MetricZynexHealthcare Equipment & Supplies IndustryHealthcare SectorNASDAQ Exchange
Market Cap$3.80M$5.98B$7.36B$12.81B
Dividend YieldN/A1.74%2.53%10.78%
P/E Ratio-0.0526.04270.5524.05
Price / Sales0.0471.09630.7695.90
Price / Cash0.5133.7129.0336.89
Price / Book0.116.1811.186.40
Net Income$2.99M$149.30M$3.46B$347.95M
7 Day PerformanceN/A0.89%1.98%0.91%
1 Month PerformanceN/A8.83%7.32%5.10%
1 Year Performance-92.47%7.23%24.76%16.16%

Zynex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZYXI
Zynex
N/A$0.13
flat
N/AN/A$3.80M$108.20MN/A770
ICU
SeaStar Medical
3.3153 of 5 stars
$3.34
+2.8%
$8.00
+139.5%
-58.1%$14.73M$1.23MN/A2
ADGM
Adagio Medical
2.0186 of 5 stars
$0.65
-0.8%
$3.50
+441.8%
-49.7%$14.35MN/AN/A87
MBAI
Check-Cap
0.1391 of 5 stars
$8.36
+4.2%
N/AN/A$11.30MN/AN/A80
ICCM
IceCure Medical
2.8944 of 5 stars
$2.60
-7.8%
$52.50
+1,919.2%
-90.8%$8.92M$3.38MN/A60

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This page (NASDAQ:ZYXI) was last updated on 8/24/2026 by MarketBeat.com Staff.
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